TMBA 217: Selling the Assets of Your Business in a Strategic Sale

A man overlooking the city from the top

Cam Collins runs a business that helps marinas manage their boat inventory. He recently sold the assets of the company in a strategic merger, and we're pumped that Cam came by the podcast to share the lessons he learned during the process.

Listen to this week's show and learn:

  • The difference between a strategic sale and a financial sale.

  • Should you use a business broker?

  • How and when should you get lawyers involved?

  • What to do in order to help the buyer justify the sale.

  • Seven lessons learned in selling the business.

People on this episode:

Dan & Ian
Cam Collins

Cam Collins speaking at DCBER

Cam-Collins-Speaking-at_DCBER

Mentioned in the episode:

MyVillages
MyVillages Buys Dockmaster (2)
Linchpin Podcast - Screw Passion, Follow Your Purpose To Build Businesses
Cam's business overview table of contents.
Cam's offer letter template.

Listening options:

Subscribe via iTunes.
Listen on Stitcher Radio.
Android users can grab our RSS feed here.
Right-click and "save file as" for direct download.
Or click here to get sent to the top of the page where the on-site player is.

Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.

Cheers, 

Dan & Ian

PS, if you'd like to receive emails from us occasionally, you can put your email address into the form below:

Previous
Previous

TMBA 218 : The Consultant’s Handbook - How to Make Location Independent Income Quickly

Next
Next

TMBA 216: Carnegie on How Young People Can Get Ahead in the World